KPMG appoints new head of Banking & Capital Markets

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Judd Caplain has been named Global Head of Banking & Capital Markets for KPMG International. Judd has more than 20 years' experience in the financial services industry, leading teams in advising a number of the world's leading financial institutions.

Judd succeeds Bill Michael, who is now Chairman & Senior Partner of KPMG in the UK.

“Judd is a client-focused leader who has helped innumerable financial services organizations to take on some of their biggest strategic challenges,” said Jim Liddy, Chairman of KPMG's Global Financial Services Practice. “He has a deep understanding of commercial banking and capital markets including the changing needs of their customers and the operations and processes that are fundamental to the transformation that so many institutions are undergoing. His extensive hands-on experience is of tremendous value to financial services clients around the world.”

“There is unprecedented change taking place in financial services and I'm extremely excited to lead KPMG's global banking and capital markets practice at this critical time,” said Judd Caplain. “With the disruption caused by fintech and digital technologies, institutions are rethinking their business models and all aspects of their operations in order to gain greater efficiencies and better meet the needs of customers. The value that KPMG professionals bring has never been more important and I'm looking forward to playing an increasing role in helping clients successfully position their organizations for the future.”

Judd joined KPMG in the US in 2001; before that he was with Mitchell Madison Group, a financial services management consulting firm, and prior to that worked for JPMorgan Chase. He has extensive experience working with global clients in areas of banking strategy, regulatory and controls, operations, finance and transformation.

For more information, contact:

Kent Miller KPMG International +1 908 313 5037 ktmiller@kpmg.com

About KPMG International

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 152 countries and have more than 189,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.